Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
A secretive Indian company that rose to infamy for its role in shipping Russian oil has disappeared suddenly and mysteriously, Bloomberg has reported. Mumbai-based Gatik Ship…
The United Arab Emirates has announced that it will not join Saudi Arabia in making voluntary oil production cuts, claiming that the cuts by the Saudis are…
Norwegian oil and gas operator, DNO ASA, has made a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea. Preliminary evaluation of…
China's imports of liquefied natural gas (LNG) hit 5-month highs in June, but weak demand, especially in Europe, kept a lid on prices. Last month, China imported…
After years of rising production costs amid post-pandemic inflation, the U.S. Shale Patch can finally breathe a sigh of relief after the cost trajectory hit a…
The European Union could use its newly launched gas cartel to purchase vast quantities of hydrogen and other critical materials, Bloomberg has reported. The bloc…
Days after Saudi Arabia extended its voluntary production cuts, OPEC's largest producer has hiked some oil prices to Asia, Bloomberg has reported. According to the…
Leading OPEC producer, Saudi Arabia, has extended its voluntary 1M bbl/day oil production cut for another month, till August. The reduction will take the country's…
The world's leading oil and gas companies should set targets to cut C02 and greenhouse gas emissions by 2030 at the upcoming COP28 climate conference,…
The United Arab Emirates has announced plans to invest up to $54 billion over the next seven years to meet its growing energy demands and…
For the second month running, the leading OPEC producer, Saudi Arabia, has extended its voluntary 1M bbl/day oil production cut for another month, this time…
Back in March, Saudi and Iran announced they had agreed to restore diplomatic ties in a deal brokered by China, ending a seven-year rift. The…
China is taking advantage of the cobalt price crash to boost its reserves, Bloomberg has reported. China’s National Food and Strategic Reserves Administration plans to…
Rolling blackouts, freezing homes and skyrocketing electricity prices. A few decades ago, power outages in vast swathes of the United States were relatively rare and…
Over the past few years, the electric vehicle sector has been growing like a weed, frequently exceeding growth estimates. For instance, just two years ago,…
The weekend insurrection by Russia’s Wagner mercenary group and subsequent ‘failed coup’ has become a hot talking point and brought the 16-month long war in…
India’s State-owned oil company Bharat Petroleum has approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares as part of the government’s…
After a wildly successful period amid soaring oil prices, legendary oil trader Pierre Andurand has seen his hedge fund suffer the worst ever loss after…
The U.S. Energy Information Administration (EIA) has reported that energy trade in 2022 between the United States and Mexico totaled $81.9 billion in real prices,…
Two weeks ago, oil prices tanked after reports emerged that the U.S. and Iran are making progress after resuming talks on a nuclear deal, a…